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tz-plus logo Marvell Set to Take Off! AI Demand, Celestial AI Deal, and Alliance with Microsoft Propel Vision Forward!

A. Wimbauer
Reading Time: 4 minutes

Marvell Technology (MRVL) is experiencing a growth surge unlike anything the company has seen in years. Driven by the booming AI business, Marvell is increasing its data center revenues, raising its forecasts, and setting a strategic milestone with the acquisition of Celestial AI for next-generation optical high-speed connections. At the same time, the corporation is expanding its partnership with Microsoft, thereby strengthening its position as a central supplier of global AI and cloud infrastructure. The stock jumped nearly 9% in pre-market trading...

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